The adjusted trial balance columns of the worksheet for Sarasota Company are as follows: Complete the worksheet.
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Complete the worksheet.
Sarasota Company Worksheet (Partial) choose the accounting period April 30, 2022For the Month Ended April 30, 2022 | |||||||||||||
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Adjusted Trial Balance | Income Statement | Balance Sheet | |||||||||||
Account Titles | Dr. | Cr. | Dr. | Cr. | Dr. | Cr. | |||||||
Cash | 12,000 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Accounts Receivable | 8,200 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Prepaid Rent | 2,300 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Equipment | 22,800 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Accumulated Depreciation—Equip. | 4,500 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Notes Payable (due in October 2022) | 5,500 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Accounts Payable | 5,500 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Common Stock | 22,500 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Retained Earnings | 7,600 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Dividends | 3,500 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Service Revenue | 15,500 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Salaries and Wages Expense | 10,800 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Rent Expense | 900 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Depreciation Expense | 600 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Interest Expense | 85 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Interest Payable | 85 | enter a debit amount | enter a credit amount | enter a debit balance | enter a credit balance | ||||||||
Totals | 61,185 | 61,185 | enter a total for the debit column | enter a total for the credit column | enter a total for the debit column | enter a total for the credit column | |||||||
Net Income | enter a total net income or loss amount | enter a total net income or loss amount | enter a total net income or loss amount | enter a total net income or loss amount | |||||||||
Totals | enter a total of the two previous amounts | enter a total of the two previous amounts | enter a total of the two previous amounts | enter a total of the two previous amounts |
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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